Ratings

A.M. Best Company

A (Excellent) as at June 1, 2017

This rating is given to companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing obligations to policyholders.

bbb+ as at June 1, 2017

This rating is assigned to the CAD 300 million 2.87% subordinated unsecured fixed/floating debentures due May 31, 2023 and CAD 200 million subordinated debentures with an initial rate of 3.383% due Dec​ember 16, 2026​. The outlook assigned to the rating is stable, which is consistent with the outlook for the existing ratings of Empire Life.